Word: profiteer
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Dates: during 1920-1929
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Interest centred on the fortune that could have been made, last week, by selling Loewenstein shares short; and on the hope that Ogre Loewenstein had engineered a hoax, a coup, had sold himself short and vanished with a profit of millions...
...conduct inconsistent with just and equitable practices of trade," Edwin H. Stern, partner in the brokerage firm of E. H. Stern & Co., was expelled from membership in the New York Stock Exchange, last week. He had made a personal profit of $1,000 in a complicated floor deal, while acting as a specialist in Manhattan Shirt stock. In 1910, Mr. Stern paid some $75,000 for his Stock Exchange seat. Now, when his seat is sold, he will receive a sum in the neighborhood...
...emphatically demonstrate the excellence of the works of Gilbert and Sullivan than the malleable resistance which they offer to amateur performers. When last week the Play-Arts Guild, a Baltimore organization, ventured to put Patience on Broadway it was not unnaturally anticipated as a case of murder for no profit. Yet the old operetta retained its airy, foolish charm. The girls of the chorus, it must be confessed, were pretty though perhaps not artful dodgers; and if the principals were at times too violent, their merry unconsciousness of this fact, fitting the good-humored mood of the piece, did much...
Coincidentally, Packard issued last week its statement for the nine months ending May 31, showing a net profit of $17,803,304 or $5.92 per share of common stock. This is nearly double the earnings for the same period...
...Alarm, declared M. B. Lambert, transportation salesmanager for the Westinghouse Electric and Manufacturing Co., pointing to decreased equipment orders, decreased business for local, branch line, short-haul services. With Satisfaction, retorted Interstate Commerce Commissioner Frank McManamy, insisting that short-haul freight, short-distance passenger service, brings little or no profit to railroads. With Determination, compromised R. H. Ashton, president of the American Railway Association, adding motor competition to rate reductions, rising costs, on the list of urgent problems...